Public Investment Fund is reportedly in talks to invest in aspiring Tesla rival Lucid Motors Inc in a blow to Elon Musk
Saudi Arabia’s Public Investment Fund
Elon Musk
Elon Musk says in talks with Saudis on taking Tesla private
Tesla founder Elon Musk confirms he is in talks with Saudi Arabia about taking his company private
Global oil demand
How Saudi Arabia is putting its money on tech for life after oil
Saudi Arabia, the world’s biggest crude exporter, is attempting to future-proof itself against oil’s decline by investing in futuristic technologies
Elon Musk
Saudi’s PIF in talks to become significant investor in Tesla
Saudi Arabia’s Public Investment Fund sees Tesla as a strategic way for the world’s biggest crude producer to hedge against oil
ArcelorMittal
Saudi wealth fund said to mull $300m rescue plan for steel factory
Sources say Public Investment Fund is looking at doubling its stake in ArcelorMittal Tubular Products Jubail to 40%
Blackstone
Blackstone said to raise $5bn for Saudi-backed infrastructure fund
Public Investment Fund of Saudi Arabia pledged as much as $20 billion, on the condition that every dollar would be matched against commitments from other investors
AccorHotels
Accor plans $1.65bn share buyback after sale of unit stake
Saudi Arabia’s Public Investment Fund among investors who buy 55% stake in AccorInvest
AccorHotels
Saudis, Singapore check into AccorHotels with $5.4bn deal
The deal will give the French firm resources to expand while it will continue to manage the properties under long-term contracts
Magic Leap
Saudi Arabia’s PIF to invest $400m in virtual reality start-up
US company Magic Leap has already secured $2.3bn
AccorHotels
Saudi fund said to seek 15% stake in Accor unit
Sources say Public Investment Fund is in talks to buy stake in French hotel firm’s property business
Qatar Investment Authority
Saudi Arabia emerges as MidEast’s biggest deal maker
Country’s Public Investment Fund spent about $54bn on investments last year, dwarfing regional rivals
Iraq economy
Saudi Arabia looking at Iraq farmland investments
SALIC, an arm of the country’s Public Investment Fund, is also looking to expand its investments in the Black Sea region
Hollywood
Saudi fund said to eye stake in Hollywood talent agency
Public Investment Fund reportedly in preliminary talks to invest in agency for Ben Affleck and Matt Damon
Saudi Arabia's Public Investment Fund
Saudi wealth fund said to take over $10bn financial hub
Sources say Public Investment Fund is to take control of the King Abdullah Financial District
Crown Prince Mohammed bin Salman
Is Neom the answer to Saudi Arabia’s post-oil economy?
In terms of ambition it is unsurpassed: a $500bn city that straddles three countries, powered entirely by renewable energy, running on AI technology, and contributing $100bn to the kingdom’s GDP by 2030
Saudi Arabia's Public Investment Fund
Saudi fund says to invest $1bn in Virgin Galactic
Public Investment Fund announces investment in Richard Branson’s space tourism company
Real Estate
Saudi Arabia reveals how it plans to raise home ownership
Saudi Real Estate Refinance Company aims to stimulate growth by injecting liquidity into property market